House Hacking
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated 6 months ago on . Most recent reply
![Donald Brown's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2891128/1701990537-avatar-donaldb172.jpg?twic=v1/output=image/cover=128x128&v=2)
What would your next move be?
Im 36 Male I make $52,000 a year on my 9-5.
I own
3 Family 4/2/2 Purchased 2021 380k Currently worth 590k 2.9% Interest Cash flows $1,450 a month.
Equity: 250k
2 Family 3/2 Purchased 2023 475k Currently worth 600k 7.25% Interest Cash Flow -1,100 a month ( I live in one of the these)
Equity: 98k ( yes i put 20% down)
55k in Stocks mostly apple/vti/qqq
5k Cash (reserved for emergency missed rent payments) in a 4.50% savings account
No credit card debt no car loans
I do have 60k in open credit cards 8k available for no interest for 15 months.
I have a 50k Heloc on my 2 family unit at 8% interest 10 year interest only 10 year repayment
So as a investor what would some of you guys suggest as my next investment move? keep saving/stacking with stocks/cash? make a move with the Heloc? sell the 3 family and buy 2 more properties with it that dont cash flow? Ill accept all answers and let me know if you got other questions on my scenario.
I just feel like Im at a spot where the options here are endless and I want to continue building my assets to create family wealth and retire early and enjoy life.
Most Popular Reply
![Anthony Swain's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2183313/1703211081-avatar-anthonys202.jpg?twic=v1/output=image/crop=814x814@111x0/cover=128x128&v=2)
Hey @Donald Brown!
Fellow house hacker here. Where are your investments located? It seems like you've made two saavy investments already. A property that is cash flowing and has significant equity and another that you're house hacking to only have $1,100 out of pocket. That is a GREAT position.
I think you should do some self-reflection and really contemplate your investment goals. You stated, "I want to continue building assets to create family wealth, retire early, and enjoy life".
Maybe you don't want to build the next great real estate empire, but continue purchasing more saavy investments every couple of years. If you bought another cash flowing property every other year, then in ten years you will have an additional five cash flowing properties. These properties would be building equity, amortizing loans, appreciating, and cash-flowing.
I think you are definitely on the right track, but I think your next moves depend on how aggressive you want to be. You can certainly use some of that equity, HELOC, CCs, or other funding options to purchase more properties. You can probably do multiple if you found GREAT deals. That is ultimately your decision.
There is only so much time in a day, week, month, year, so remember your focus will need to be divided up between real estate investing, family, and enjoying life. That is something many don't talk about.
Don't forget to take a step back and appreciate how far you've come. Good luck with your future investments Donald!